European Commission (EC)
Insurance Europe welcomes EC paper on disaster insurance
Insurance Europe has welcomed the European Commission’s investigation into the availability of catastrophe insurance.
ING to float US stake for $1.5bn
Dutch banking giant ING has filed a preliminary prospectus with the US Securities and Exchange Commission for the initial public offering of its US insurance and investment business.
Eiopa chairman defends Solvency II guidelines
The chairman of the European Insurance and Occupational Pensions authority has defended its draft Solvency II guidelines as “an important step in the right direction that will help national authorities”.
E&Y welcomes long term financing consultation
Ernst & Young has joined Insurance Europe in welcoming the green paper on long-term investment issued by the European Commission yesterday.
Regulation must not jeopardise long-term investment says Insurance Europe
Insurance Europe has welcomed the European Commission’s adoption of a Green Paper on the long-term financing of the European economy.
Regulation must not harm long-term investment says Insurance Europe
Insurance Europe has welcomed the European Commission’s adoption of a Green Paper on the long-term financing of the European economy.
Austrian lawyer annointed as Van Hulle successor
The European Commission has appointed Klaus Wiedner to replace Karel Van Hulle as head of unit dealing with pensions and insurance in the Internal Market Directorate General.
International: Are you protected?
A pan-European data protection regulation may enhance transparency and accountability, but could inadvertently hamper insurance activities, harming companies and policyholders.
Data Protection: Regulation frustration
A pan-European data protection regulation may enhance transparency and accountability, but could inadvertently hamper insurance activities, harming companies and policyholders.
KPMG criticises ‘disappointing’ lack of SII timetable
KPMG has branded the lack of a timetable for the implementation of Solvency II as ‘disappointing’, as the European Parliament vote to delay the vote of Omnibus II to 22 October 2013.
Insurance Census: Gender: Battle of the Sexes?
In the first of a three-part series on diversity in the industry, Post analyses the role of gender in insurance. Does the traditional image of a male-dominated industry hold true, or do females have a strong presence across the sector?
Challenges and opportunities abound in 2013
Against the backdrop of a challenging economic climate and continued uncertainty over both the timescales for implementation of European regulation and varied national approaches to the adoption of it, European insurers face a number of critical…
Pan-European insurance contract law a 'logistical minefield'
The principles behind a pan-European insurance contract law are sound, but any attempt to implement such a framework would be a logistical minefield, according to industry insiders.
Top five European news stories
The top five stories from www.insuranceinsight.com over the past seven days.
Impact study likely to cause further SII delay
The implementation of Solvency II faces further delay due to the launch a long-term guarantees assessment impact study by the European Insurance and Occupational Pensions Authority, KPMG has warned.
Eiopa launches LTGA consultation
The European Insurance and Occupational Pensions Authority launched today a technical assessment of the long-term guarantee package agreed by the European Parliament, the Council of the EU and the European Commission in the context of the Omnibus II…
EC probes impact of insurance contract law on cross-border trade
The European Commission has launched an expert group to consider the creation of a pan-European insurance contract law.
EU’s Google investigation seeks to “restore the level playing field”
European Commission vice-president Joaquín Almunia remains concerned that Google is directing traffic to the detriment of consumers, despite a recent US ruling to the contrary.
"March madness" awaits EU motor insurers
Insurers that fail to embrace telematics in the wake of gender neutral pricing rules will see massive volumes go to more "switched-on" peers, according to Coverbox.
European View from the Top: The tax obligation
On 9 December 2012, Danny Alexander, Chief Secretary to HM Treasury, told multinational firms that paying UK corporation tax is an obligation, not "a voluntary choice" they can make to please their customers.
European environmental liability options
Environmental damage costs have hit the headlines in recent years and the European Commission is looking at the option of a fund to control them. But, as Sam Barrett finds out, the insurance industry is not the number one fan of this idea.
Data protection rules must accommodate insurers says Insurance Europe
The European Commission's proposed new data regulation could have unintended negative consequences for insurers and consumers, Insurance Europe has warned.
Insurance head to leave European Commission
One of the key figures involved with the development of Solvency II is to leave the European Commission.